The Conversation (0)
March 17, 2024
International Graphite’s (ASX:IG6) $1.5-million funding deal with major shareholder Comet Resources (ASX:CRL) resulted in a surge in IG6’s shares on March 13. The loan agreement was undertaken to address market speculation on the security of Comet’s shares in IG6, according to a news report from The West Australian.
“Management says the strategic funding transaction will prevent the potential sell down of any of the 40 million International Graphite shares owned by Comet – which delisted from the ASX in January – when they are released from escrow next month,” the report said.
The funding deal included giving International Graphite a majority seat on the Comet board, as IG6 management has called the deal a win-win for shareholders.
Click here to connect with International Graphite (ASX:IG6) for an Investor Presentation.
IG6:AU
Sign up to get your FREE
International Graphite Investor Kit
and hear about exciting investment opportunities.
- Corporate info
- Insights
- Growth strategies
- Upcoming projects
GET YOUR FREE INVESTOR KIT
INN Article Notification
01 October 2025
International Graphite
Building a secure, high-value graphite supply from Australia to the world
Building a secure, high-value graphite supply from Australia to the world Keep Reading...
27 May
Collie earthworks & civil construction to commence
International Graphite (IG6:AU) has announced Collie earthworks & civil construction to commenceDownload the PDF here. Keep Reading...
27 May
Binding JV to build European graphite processing hub
International Graphite (IG6:AU) has announced Binding JV to build European graphite processing hubDownload the PDF here. Keep Reading...
27 May
Reinstatement to Quotation
International Graphite (IG6:AU) has announced Reinstatement to QuotationDownload the PDF here. Keep Reading...
21 May
Trading Halt
International Graphite (IG6:AU) has announced Trading HaltDownload the PDF here. Keep Reading...
30 April
Quarterly Activities/Appendix 5B Cash Flow Report
International Graphite (IG6:AU) has announced Quarterly Activities/Appendix 5B Cash Flow ReportDownload the PDF here. Keep Reading...
3h
Tesla Withdraws Bid to End Syrah Graphite Deal
Tesla (NASDAQ:TSLA) has withdrawn its notice of intent to terminate its natural graphite supply agreement with Syrah Resources (ASX:SYR,OTCPL:SYAAF) after determining the miner has made sufficient progress to remedy an alleged product default.In a recent release, Syrah said the automaker... Keep Reading...
01 May
Metals Australia Fast Tracks US$2 Billion Québec Graphite Refinery
Metals Australia (ASX:MLS) announced it is bypassing intermediate engineering studies to fast track a high-purity graphite refinery in Québec into the final feasibility study stage. In a preliminary economic assessment (PEA) released on Tuesday (April 28), the company details plans to process... Keep Reading...
29 April
AAM Pilot Plant Update
GreenRoc Strategic Materials Plc (AIM: GROC), a company focused on the development of critical mineral projects in Greenland, is pleased to announce that it has successfully completed the construction, commissioning, and initial operational testing of the graphite anode mill circuit at the... Keep Reading...
12 April
Alkeemia Purification Delivers Top Results
International Graphite (IG6:AU) has announced Alkeemia purification delivers top resultsDownload the PDF here. Keep Reading...
01 April
International Graphite Eyes European Supply Gap with Alkeemia JV
Speaking to the Investing News Network, International Graphite (ASX:IG6,OTCPL:IGRPF) Managing Director Andrew Worland said nearly all graphite consumed in Europe is currently sourced from China.“That’s where the opportunity is,” he said, noting strong interest from European customers seeking to... Keep Reading...
30 March
Nouveau Monde Secures Offtake Deal to Anchor Matawinie Output
Nouveau Monde Graphite (TSX:NOU) has secured a federal offtake framework that anchors a significant portion of output from its planned Matawinie mine, strengthening the project’s trajectory toward a final investment decision.The company said Thursday (March 26) it signed an updated binding term... Keep Reading...
Latest News
Sign up to get your FREE
International Graphite Investor Kit
and hear about exciting investment opportunities.
- Corporate info
- Insights
- Growth strategies
- Upcoming projects
GET YOUR FREE INVESTOR KIT
Interactive Chart
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00